2, LABURNUM GARDENS, MARTLESHAM, WOODBRIDGE, IP12 4TS - £485,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LABURNUM GARDENS is a midsized extended detached house of 129m², built sometime between 2003 and 2006. It was last sold for £485,000 in May 2022, which was around 15% above the average May 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

2 LABURNUM GARDENS Sold Prices

Land registry data shows two sales for 2 LABURNUM GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 2 LABURNUM GARDENS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 26 MAY	£485,000	£423,073	15% above HPI
2006 22 JUN	£349,999	£225,842	55% above HPI

2 LABURNUM GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 2 LABURNUM GARDENS sales from June 2006 and May 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2006 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 LABURNUM GARDENS?

2 LABURNUM GARDENS is 129m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses in Martlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Martlesham, and where 2 LABURNUM GARDENS lies on this distribution: 57% of detached houses are smaller than 2 LABURNUM GARDENS, and 43% of houses are larger. Note that EPC data is not available for all properties in Martlesham.

2 LABURNUM GARDENS: Plot and Title Map

2 LABURNUM GARDENS sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 2 LABURNUM GARDENS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 LABURNUM GARDENS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 LABURNUM GARDENS?

2 LABURNUM GARDENS is located in MARTLESHAM, in the IP12 postcode district. The below map shows the position of No. 2 on LABURNUM GARDENS.